As a single-family rental property investor in Dr. Phillips, keeping your property’s appeal can be a challenge when you are working with a limited budget. There are now many inexpensive materials you can choose from to update your rental home. Budget-friendly materials such as wood, stone, and tile are but some of the items you can use for your Dr. Phillips rental homes.
Wood is a great material to use for an atmosphere of comfort and warmth. But new hardwood is expensive. Instead, you can use more affordable reclaimed wood on your property. Reclaimed woods are great budget-friendly materials for property investors because you can use them for remodeling floors, fences, and decks or adding even more creative decorative elements. Reclaimed wood gives off a weathered, rustic look similar to cabins and beach houses. You can also have them refinished, stained, or painted if you are going for a more colorful or contemporary look.
To achieve a beautiful, tropical look, you can use bamboo. Another pro to using this material is that it is environmentally-friendly. Bamboo rods and sheets are very affordable, too! You can use bamboo on interior walls, patio bars, planter beds, lightweight fencing, and more. This beautiful material instantly uplifts any room or yard.
Ceramic or Porcelain Tiles
You can work with ceramic or porcelain tiles to stretch the remodeling budget even more. You can create many combinations in the kitchen and bath with the various styles, colors, and finishes of ceramic tiles. Unlike natural stone tiles, which are expensive and high-maintenance, ceramic or porcelain tiles are more affordable and easy to maintain. Your tile countertop will also look a lot nicer than laminate for the same cost or less.
Solid Surface Countertops
Few countertop options can rival the high-end look of solid surfaces. Add to that the fact that it doesn’t come with an expensive price tag either. Get the same upscale look of real granite for a lot less. Solid surface countertops give investment property owners a wide range of colors and finishes to choose from.
Similar to reclaimed wood, you can also buy used bricks for your rental properties. Aside from being more affordable than new brick, used brick also has an attractive weathered look. Painted brick is one popular choice. You can use brick to update accent walls, patios, walkways, and of course, chimneys and fireplace surround.
If you are going for the look of natural stone minus the high cost, you can try using stone veneers. Stone veneers are thin sheets of real stone installed on a wood or concrete backing. Most property owners use stone veneer panels for fireplace surrounds, house exteriors, and even retaining walls. The price may vary depending on the style and size that you choose, but stone veneers can really update your Dr. Phillips rental property without the weight and expense.
Would you like to learn more budget-friendly ways to get your Dr. Phillips rental properties updated and competitively leased? Contact us today!
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